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of apple has to go someplace else. amazon, like it. >> samsung and the whole supply chain. >> one more check on shares on apple, down by just about 10%. the last time this stock was down 10% during the may flash crash on earnings. it was p12008. having an impact on the qs. i'm melissa lee. see you tomorrow at 9:00 for "squawk on the street." "mad money" with jim cramer starts right now. >>> i'm jim cramer. and welcome to my world. >> you need to get in the game. going out of business and he's nuts! they're nuts! they know nothing! i always like to say there's a bull market somewhere. "mad money," you can't afford to miss it. hey, i'm cramer. welcome to "mad money," welcome to cramerica. other people want to make friends, trying to save you a little money. my job is not just to entertain but to educate and put things in perspective. call me at 1-800-743-cnbc. not everything in the market can be explained by cold hard facts. not everything is rational or even cut and dried or it can even be ascertained with close scrutiny. including today where the dow vaulted 67 points s&p advanced, nas
generation smartphones. but sales figures say it's fallen behind samsung. possibly even lg worldwide. meanwhile, a federal judge says apple's ceo tim cook will have to testify about allegations apple entered a secret agreement with other tech companies not to steal each other's employees some years ago. this morning the former head of palm told reuterses that then-apple ceo steve jobs actually threatened to hit palm with expensive patent suits if it kept hiring apple executives. it's easy to forget it wasn't that long ago palm actually worried apple. they were very early to smartphones and nabbed a number of very talented apple leaders. back to you. >> scott mcgrew, thank you very much. >> thank you. >>> first came the fire and then the ice. >> that's right. this is what the weather caused. a chicago warehouse gutted by flames now just looks like an ice castle. it was so cold when firefighters were dousing the abandoned warehouse with water and it turned into ice instantly. this happened last night in chicago. a five-alarm fire ripping through the building. temperatures dipping to a
to last year, the trial against samsung, they 1 $1 billion, but lost something more significant, public good bit brigid public good will. with companies like blue will out-innovating apple right now, they are following up with the ipad mini. they now appear to be following the market instead of leading it. bid toprime minister's redefine the british relationship with the european union has many worried, which is no surprise. why? half of all goods and services produced by british companies are exported to europe. the 0.5 million jobs are linked to this trade. the impact on employment would be a key concern. but we should not forget that the u.k. is important to europe as well. if you look at exports and imports, they do more business with the u.k. than any other country, including the united states. this may also surprise you, britain over to france and the u.s. to become germany's single largest trading partner. their combined trade with the u.k. in the first nine months of last year was $203 billion. what is it that these ceos want? >> they do not want to leave the euro. free trade is
of blowout quarter we were used in the past. they do face more competition from samsung on the high end. to that extent they need to step up the game a little bit. i think that is the biggest takeaway. david: steve jobs, i know it is unfair to compare him to steve jobs but hey, you have to compare him with his predecessor. steve jobs was always a leader. his products were always leading the market. wasn't so much what was in it. everybody had access to the stuff and chips and everything in it. it was the product he brought forth that was so different that led the market. a lot of people see tim cook as a follower, not a leader. is that a fair or unfair comparison? >> i think that's, i think that could be a fair comparison. certainly each investor has to make their own opinion. i do think it is too early to seal the tim cook legacy based on one quarter miss and certainly a little bit over a year after his death. you know i think innovation can still come back with this company. 47, 48 million units of iphones sales may be a couple million lighter than consensus and not in that range but
attracted to buying microsoft or samsung products or android phones according to this marketing group. we plan on talking to consumers to see what has changed when it comes to apple. janine de la vega ktvu channel 2 morning news. >> it will be interesting. sal, what are you keeping an eye on now? >> 880 westbound is getting busier now that we are getting closer to the peak of the commute and on 80 from the carquinez bridge all the way down to the mcarthur maze traffic is not that bad but it is getting busier. when you go to the toll plaza, it has not filled inasmuch as i thought it would. this is maybe an 8 to 10 minute delay and it's holding steady and we are not asking for more thank you very much and it's holding steady there. we talked about 880 westbound coming through the vallejo area and we are also looking at the livermore valley which seems to be busy coming out of tracy especially getting into the main part of livermore. let's go to steve. >>> cloudy skies, brutally cold, great lakes and for us our cold pattern is coming to an end. in fact it has, some light rain, heard from ron
. >> it's also true they're getting much more competition from people like samsung and others. >> much more competition. and google, the samsung system has taken away the spot from the iphone both here in the u.s. and abroad overseas. >>> time now to show you some of the morning's headlines from around the globe. benjamin netanyahu will be able to remain in power. a strong showing by more moderate rivals may force him to include them in his new government. >> the "houston chronicle" reports a suspect has been charged with a shooting at a community college, an argument escalated between two men when one pulled a handgun. he wounded the man and a maintenance worker. >>> "the washington post" says new federal rules would severely restrict medical research on chimpanzees. it would send all 450 into retirement. >>> "usa today" says existing home sales are expected to continue marching upward. last year's sales hit their highest level in nine years rising more than 5% in 2011. >>> "wall street journal" says some countries are waking up to the problem of tired workers.
is on this commission, samsung. i tell you something, whether or not this will get punched through it depends how much the white house is following along with the president's inaugural speech saying that he really does want climate change as a priority. now we've got jay carney the day after the speech saying you know what? climate change may not be a singular priority. take a listen to jay carney? >> you know, it is an important issue. it's a priority but there, it is not a singular priority. it is one of a host of priorities that he believes we can act on if we work together. >> okay. sound like that is kind of getting bury ad little. getting back to the 14 trillion figure, which may be 12 trillion, whatever it is. lori: how did they come to that figure. >> it is above and beyond what they are spending now. the world economy could easily handle $700 billion a year. preempt hurricanes like hurricane sandy. you know whether that can happen remains to be seen. who will foot the bill? maybe investors and taxpayers. melissa: they argue a lot of private funding has to be involved. until it is profitable t
now have 28 minutes to go. you heard of the iphone, droid and samsung galaxy but what is the one cell phone millions are using that you might not even be aware of? we will find out. paul jacobs, president and ceo of qualcomm, that interview is next from davos. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include
they offer. >> i switched to the samsung galaxy. it's a great, great phone. i think it outsold the iphone last quarter. it's a great phone. a lot of my friends are picking it up, too. i have no brie gets. >> reporter: apple's stock has taken a significant hit in recent months. some are calling this report for apple the most significant in a decade. reporting live from palo alto, janine de la vega, ktvu channel 2 news. >>> meanwhile, new court records show steve jobs threatened to file a patent lawsuit if a rifle company said he -- if a rival company said it would consider approaching apple employees. the workers claim the other tech if firms confired to eliminate competition for top workers as a way to hold down salaries. the judge is considering whether to to a -- to allow this to become a class-action lawsuit. >>> supporters have pushed the idea of illegal immigrants getting driver's licenses. latinos are projected to make up a majority of the california population by 2025. >>> and if you plan on parking in san francisco this weekend, be sure to bring some change. starting this sun
pod. i feel all along they should have done that with the phone. samsung is for real and other carri carriers that dictate a lot of demand trends. i like the strategy. i think they can gain margin through scale and sell a lot of accessories and services through that. that's a little hard to stole my investors and my clients sometimes. i think that the ipod way, they went after it and they didn't let anybody do anything in that music player market. i actually think that's the way to go in phones. now that we've passed that time, they need to be a little careful. they can do a phone with a 40% margin, below the current but not below others. >> and some people anticipated in part they sold so many of the iphone 5 more than expected. is that good news for apple? >> it's a mixed news. actually, i think the big news of verizon, they sold more iphones than expected but sold more old iphones. half were iphone 4s and 4 ss. those actually carry a higher margin than iphone 5. the gross margin may be surprising given the mix of old iphones was stronger than expected and i expect it continues. wh
Search Results 0 to 9 of about 10